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3 years ago

You need to know more than just facts in order to use critical thinking skills.

2 answers:

4 0

The answer to this question is -True, because critical isn't always a logical answer which needs just facts but critical is mostly but not always based on instincts

solniwko [45]3 years ago

3 0

true at least in my opinion

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The Whistling Straits Corporation needs to raise $70 million to finance its expansion into new markets. The company will sell ne

viktelen [127]

Answer:

2,557,065 shares

Explanation:

Offer price = $30 per share

Underwriters Charge : 8%

If the company's underwriters sells new shares at the $30 per share issue price, Whistling straits corporation will receive:

offer price x (1 - underwriters charge)

= $30 × (1 - 0.08) = $27.60

The number of shares that needs to be sold will be:

$\frac{amount needed + administrative expenses}{27.60}$

$\frac{70,000,000 + 575,000}{27.60}$

= 2,557,065.217

≈ 2,557,065

Therefore number of shares to be issued will be = 2557065 shares

7 0

3 years ago

Wire rope rigging equipment slings must have the ability to bend without cracking, withstand abrasive wear, and withstand abuse.

horrorfan [7]

Very true, If it weren't to do this, it would defeat its purpose.

4 0

2 years ago

Read 2 more answers

Marc and michelle are married and earned salaries this year of $70,400 and $14,400, respectively. In addition to their salaries,

Fiesta28 [93]

Answer:

Since we are not given any specific year, I will use the 2020 tax schedule:

Marc and Michelle's gross income = Marc's and Michelle's salaries + interest from corporate bonds = $70,400 + $14,400 + $1,300 = $86,100

they should choose the standard deduction since it is higher than their itemized deductions = ($24,400)

<u>contribution to IRA = ($3,300)</u>

Marc and Michelle's taxable income = $58,400

Marc and Michelle's tax liability = $1,975 + [12% x ($58,400 - $19,750)] = $6,613

Alimony payments are not longer tax deductible and interests on municipal bonds is not taxable.

Since their income tax withholdings exceed their tax liability, they should get a refund for $6,665 - $6,613 = $52

Also, since they are allowed a $2,000 child tax credit, but they do not owe any more taxes, they are entitled to a $1,400 refund.

Total refund for 2020 = $1,452.

5 0

2 years ago

Which of the following pieces of information is NOT commonly collected on a job application?

laila [671]

Answer:

The answer to this question is A

8 0

2 years ago

Cuso Company purchased equipment on January 1, 2016, at a total invoice cost of $400,000. The equipment has an estimated salvage

grigory [225]

Answer:

D. $156,000

Explanation:

Cost = $400,000

Residual value = $10,000

Useful life = 5 years

Now,

Annual straight line depreciation = $\frac{Cost-Residual Value}{Useful life}$

Annual straight line depreciation = $\frac{400,000 - 10,000}{5}$

Annual straight line depreciation = $\frac{390,000}{10}$

Annual straight line depreciation = $78,000

Annual depreciation expense is transferred to the accumulated depreciation. Thus, accumulated depreciation is sum of depreciation expense charged over the useful life of the asset.

Depreciation table has been constructed to compute the accumulated depreciation on 31st December 2017.

5 0

2 years ago